Nubeva Launches New Prisms Service Processor with Elastic Packet Processing for Public Cloud Networks

. (TSX-V: NBVA, OTC: NBVAF), a cloud visibility SaaS software developer for enterprises with public cloud assets, today announced the IT industry’s first cloud-native packet processor called the Nubeva Prisms Services Processor. The solution features elastic packet processing (EPP) functionality – a high-performance container delivery service that autoscales to filter and multiplex cloud packet traffic between sources and destinations.

“Deploying security tools to monitor workloads in the cloud is extremely difficult,” said Randy Chou, Nubeva’s CEO. “This lack of sufficient security monitoring and alerting in the cloud is a barrier to cloud adoption and cloud maturity. At Nubeva, our mission is to solve this problem with the new Prisms Service Processor, which helps enterprise IT teams filter and distribute traffic between cloud sources and destinations.”

Security and performance monitoring solutions only capture packets for deep inspection when a problem arises and the issue can be difficult to track.

How Elastic Packet Processing Works in the Cloud

Nubeva Prisms Service Processor with EPP functionality performs advanced processing on packet streams from cloud infrastructure like VTAPs and mirrors or Nubeva Prisms agents. Advanced packet processing includes PCAP forwarding, advanced packet filtering, multiplexing and replication. Sources can be any workload in the cloud with an agent or agentless solution, like a cloud infrastructure TAP or mirror.

Resting inside the Prisms Service Processor engine, EPPs autoscale to handle the heavy lifting of advanced filtering and replication of traffic between sources and destinations. With EPPs in place, users minimize the bandwidth allocated to mirroring at sources, optimizing the balance between workload and mirrored traffic while offloading packet pre-processing from source workloads and handling advanced processing through its modular packet processing engines.

The Nubeva solution is container based and provides the only cloud-native foundation for advanced packet stream processing. Launching and configuring lab systems or high-availability, autoscaling production systems can be done in seconds using the fully automated solution.

Nubeva Prisms Service Processor with Elastic Packet Processing is available for private preview now. To request access to the PSP private preview, visit .

About Nubeva Technologies Ltd.

develops Software-as-a-Service ("SaaS") software and services that enable enterprises to run best-of-breed visibility in public cloud environments. Nubeva Prisms provides enhanced visibility and control over network traffic and simplified automation and operation that is essential to run top-tier security technologies and services in the cloud easily and at low cost. With Nubeva, organizations can leverage existing policies, technologies and operations and accelerate their move to the cloud with confidence. Visit for more information.

Forward Looking Statements

This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the cybersecurity industry. Although the Company believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws. The Company undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of the Company, its subsidiaries, their securities, or their respective financial or operating results (as applicable).

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For additional information, please contact:

Nubeva Technologies Ltd.

Steve Perkins, Chief Marketing Officer

1-(844)538-4638

or

Marcel Valentin, Investor Relations

1-(647)697-0498

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